The cheapest mortgage rates on record are heading lower, Fannie Mae said in a forecast on Monday. According to Fannie Mae, the annual average rate for 2020 will be 3.2%, down from 2019’s 3.9%. This would beat the record of 3.65% set in 2016, according to Freddie Mac data. Fannie Mae expects rates to drop […more]
Posted in: San Francisco
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